Analyst Favorites: Peabody Energy Ranks As a Top Metals Pick
A study of analyst recommendations at the major brokerages shows that Peabody Energy Corp is the #25 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index, according to Metals Channel. The Metals Channel Global Mining Titans Index is comprised of the top fifty global leaders from the metals and mining sector.
According to the ETF Finder at ETF Channel, BTU makes up 6.27% of the Coal ETF (KOL) which is trading lower by about 0.5% on the day Wednesday. BTU operates in the Metals & Mining sector, among companies like Rio Tinto plc (RIO) which is down about 0.8% today, and Teck Resources Ltd (TCK) trading lower by about 1.3%. Below is a three month price history chart comparing the stock performance of BTU, versus RIO and TCK. BTU is currently trading down about 2.2% midday Wednesday.